The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: mishedlo who wrote (34607)	3/22/2006 7:07:03 PM
From: unrealistic_thoughts	Read Replies (2) of 306849

High inflation and no wage growth is called "STAGFLATION". The consumer is falling behind. This is truly what sank carter during the carter years. Our government so far has been able to avoid deflation and hide the stagflation for the past 5 years by channeling the bigtime inflation into the housing market - and perpetually changing the definition of the CPI to strip out "those pesky items that keep increasing at 10% annual rate". Because the lying is rampant and unspoken they have managed to do this. For a while at least. Right now we are on the precipice. We will either explode into stagflation or tip over the precipice into deflation. I predict that we will have our answer by August, just in time to vote our pocketbooks in the November Elections.

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